Closing the 1:1 Swap Framework

Governance SNS Project Governance
1

Dear @ICPSwap Team,

Motoko DAO has decided to officially conclude the 1:1 token swap framework on 31st December 2024. This initiative has successfully enabled holders to transition to SNS DAO $Motoko tokens, with the majority of swaps now complete.

As we move into the next phase of $Motoko DAO’s growth, we extend our thanks for your invaluable support in facilitating this process.

Sincerely,
PHASMA
On behalf of the Motoko DAO

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2

Will you please supply a link to information about this token swap framework? Where is it summarized regarding the purpose of the swap and the steps required to complete the swap?

3

Hey @wpb , let me break it down for you again: the Motoko DAO uses ICPSwap’s facilitated framework to enable a 1:1 swap, allowing the old Motoko token to be exchanged for the new SNS Motoko token.

Here’s the link to the proposal for closing the framework: https://dashboard.internetcomputer.org/sns/ko36b-myaaa-aaaaq-aadbq-cai/proposal/69

4

Thank you. The link helps a lot.